From the world’s biggest asset manager to the World Bank’s private sector investment arm, GCash has already secured about P36.5 billion in cornerstone commitments ahead of its October 6-12 IPO offer period
One bank official says that in her 32-year banking career, encashing P125 million for an agency — the OVP — was a first for her
If you ask the topshots at the country’s oldest bank, financial stability is all about starting young
(1st UPDATE) I&C could become ABS-CBN’s largest single shareholder. So who exactly is I&C?
The P57-billion figure may say more about the government’s tight fiscal limits than about what the state bank deposit insurer actually needs
There’s a trade-off embedded in ABS-CBN’s P6-billion rescue
Businesses are not simply refusing to borrow because money is too expensive. They are hesitating because the returns on investment are uncertain, confidence is weak, and the economic environment itself has become more difficult to read.
BSP Governor Eli Remolona did not say that consumption is the enemy. Instead, the underlying message is that our country as a whole needs to find better ways to finance our investments.
The shares will be offered from October 6 to 12, with Mynt targeting an October 20 debut on the Philippine Stock Exchange under the ticker GCASH
Most companies arriving on the exchange effectively say: give us your money and we will show you what we can build. PNB Holdings is saying, here is the balance sheet and tell us what we are worth.